Topic: A no-Bitcoin friend turned a old Bitcoiner (Read 473 times)

OP, everyone's safety is paramount to them. I see no wrong if your friend decided not to show you his bitcoin assets or wallet for track. Your friend considers his privacy and thinks of protecting his life which is the major reasons why bitcoin was developed. Every man to his or her own wallet. Nobody can be able to know each very wallet and their owners.
You have done well to bringing your friend into blockchain, teaching him the basics and fundamentals which are commendable but never have in mind or expect them to show you their private wallets after finish learning.

That is one of the part a bitcoin user does so don't blame him, because we don't trust our next neighbours. You were under observation. He was observing you to know if you were a trusted to to mingle with bitcoin. And also he was playing the role of physical anonymity from people so that authority would not go after him. Because nobody is trusted. That is, he is telling something that you should also do by not announcing your investments mostly cryptocurrency to people including friends. But in the process of they can find out then it is good for them and not you announcing to them. All what you have to do is to just play along with him and learn more from him again. And don't be hurt with his hidden character as bitcoin guru in your locality. You people can work together and build things together by using p2p as well.

There are many other reasons that we still do not know. Why don't you think that the OP himself is not good enough and makes his friend untrustworthy enough to share some secrets with the OP? Because investing in bitcoin is considered a secret by some for privacy reasons. We can't just listen to one direction and judge others based on someone's story.

I think the best way is for both should have a frank talk with each other to find out the cause. If they have friction and no longer trust each other, the friendship should be terminated.

Maybe your friend didn't want to share his bitcoin involvement with any of you. In this case there can be two reasons why your friend is not sharing Bitcoin with you one is because he is concerned about security and secondly he doesn't want you to be involved with Bitcoin. Because he might have thought that he would single-handedly change his financial situation by getting involved in Bitcoin and investing in Bitcoin. If his thoughts are like the second reason I mentioned then you can stop hanging out with him because that friend will never want you well.

That's it, now you see that he was not secure as possible. He didn't explain his relatives how important to keep his bitcoins in secret. He shared his secret with his family, some of them shared it with you and then you shared it with us all. So if anyone will reveal your identity... There are enough cases when bad guys visited bitcoin holders and using violence forced to give the keys to wallets. It is not what should be told everyone.


"Bitcoin is accepted here" sticker is not as risky: a criminal never knows if you've got any bitcoins or not and if you've got then if you use some third party to exchange accepted bitcoins to fiat currency immediately or hold them by yourself. They'll more likely take cash from cashier.

It's a case of keeping your private life private and nothing more. You don't need to take it personal, some person are like that, they like keeping certain things to themselves no matter how close you are to them, and it is for obvious reasons.

Well, now that you know, still don't talk too much about BTC to him, he might still don't want to talk about it.

Don't take it personal you're friend just want to protect himself most probably. Not against you, but with people who develops an interest to rob his bitcoin. There might be some circumstances that you talk to someone outside your circle about you or your friends involvement with bitcoin.
What I think about your friend is that, he's a very careful man, he most probably has a huge stack of bitcoin in his wallet.

Here's a piece of advice, now that you already knew that he has been in bitcoin probably longer than you do, you have to respect his decision that he kept it to himself as he definitely has a good reason behind it.

If you don't get the point mate ? sorry to say and sadly to understand that Your friend seems to be not treating you a true friend because he tries to secure His knowledge and bitcoin from you meaning one thing , that he even consider you as a threat back then and just recently that he give trust on you when he finally realized and get to believe you are in bitcoin.

i can also relate in this but it is me that denies my friend to learn about my dealing in bitcoin and crypto .
once he PMed me in messenger about his newly found money making site( it is a crypto site but not bitcointalk) he tells me that he is now generating income from His investment in Bitcoin but I show no complete interest , but sooner when bitcoin price experience bad time? he leave and never trust bitcoin as losses comes his way so now I realized that better that he did not come to learn my involvement in crypto because he is not truly a believer .

I think some people just keep a privacy policy for themselves here, that's obviously what your friend was intentionally doing here because he didn't want to draw any attention to his bitcoin holdings so other people can be shouting it out for the world to hear. Just a thought though

There's nothing wrong with having always a safety precaution. Rember always, "prevention is better than cure". So for me, it's always better to avoid and always be careful, there will be nothing to lose if you prevent it from happening in the first place.
Teaching some people how Bitcoin works and guiding them is already good enough for me, always set some boundaries.

if you feel disturbed by your feelings then you should ask your friend directly to avoid bad relations between you and your friend, why should you suspect or think something that is uncertain and unclear?
even you hear it from relatives who are not sure the truth. there are several possibilities, the first is that what his relative said was not true. the second possibility is that he really protects his privacy from you because he doesn't trust you for some reason.

Perfect, I feel the same about OP's friend. Maybe he don't trust him as much as he trust his friend. Because he saw OP talk too much about bitcoin and thinks that OP can scam him. Also some people don't want to share anything with others, maybe your friend don't to share the knowledge with you.

Why do you waste your time on thinking about something that you can not control? Your friend ignores you and you should do the same. No hard feelings.

Security and anonymity are crucial, particularly when it comes to Bitcoin investments or any type of cryptocurrency.The fact that he didn't tell you that he was investing in bitcoins doesn't necessarily imply that he didn't trust you, but in order to increase security, it is best to keep quiet since if you do, someone else might find out. In fact, whenever it comes to financial matters, we should never put our trust in anyone because people are often seduced by weath.I've seen a number of instances where someone killed their best buddy for a small sum of money he told him he hide in somewhere, so it would be best if he kept his investment a secret.

Trust no one. If you have ever thought why bitcoin is anonymous then this is a perfect reason. Beside it is better to feel safe knowing that no one ones about your bitcoin holdings than to feel terrified about get robbed because someone knows about your bitcoin holding. Still it is easy to know those who have bitcoin by just going to their social media and looking at the activities and types of conversations that they engage in. Your friend may have chosen to live a quiet life. Just buy and hold.

There are several conditions where we really want more privacy, especially when investing in bitcoin.
Your friend wants that and it's good enough actually to see someone who is so humble and continues to be a hidden individual like that because he really wants a different and different life when he is in an investment and friendship environment.
Hiding from those closest to the fact that it is very difficult and I quite salute what your friend did because he is firm with the anonymity he carries out.
On the other hand, he is also not too interested in exhibitions which are sometimes always done, especially when discussing or talking about bitcoin and I like that.

For other things in friendship, you don't need to be discouraged when there is a secret that is not leaked because each of us may have some that you don't want other people to know, including your friends. the most important thing is that your relationship and your friends are fine apart from investing in bitcoin that is enough because being in bitcoin openly or covertly will not destroy friendship.

He just want for it to be private and just like on what other people been saying on here on which even you are friends but doesnt mean that he should obliged himself on telling you everything on
everything he do or simply with those secrets which we know that it cant really be that something to be shared on considering that it do involves money and there are indeed people who cant really
be just simply so open on their engagement on things and its true that its better to respect his privacy.

If you do have interest on telling him about Bitcoin then just simply proceed but if you do see that he had already the knowledge then simply cut it off and move on. Just live and treat him
as your friend despite of such condition on which telling him about Bitcoin. You might thought that you are better than him but you shouldnt really make yourself that get
shocked on the time that he would really be more knowledgeable than you, so better none on pushing things.

A man without secret is not a man enough, like some persons have said, being friends is not an automatic ticket for you to know everything about me including my finances and investments, there is always a limit to what a friend should know about another friend, and those who are wise know and practice this..

Me for example, I have several friends, both casual and those I consider to be close, but several of them know nothing about my finances  and my involvement in bitcoin, so what your friend did is nothing to feel bad about, consider it a lesson your friend thought you, and maybe practise same going forward from now on.

I believe this friend of yours is in fear of the mind of men, but I won't support the point that you two aren't genuine friends, I know that friends turn to enemies and friends do better themselves, but the privacy thing makes sense when you keep your worth a secret, it doesn't break privacy teaching people about Bitcoin, it takes a deep thinking to understand this.

If your friend can talk about Bitcoin investment in his family, what makes him think that he is safer doing so? There is a saying that everyone's real enemies are within our mist, some people's real enemies are in their families.

It's all in your front now, your friend don't trust you and he feel unsafe around you when it comes to making money, if you are a good person, you should just accept the truth and move on, but all I see here is untrust between two friends.

Not all holders are the same I'm also holding some information on my friends and relatives who are investors like me, I value my privacy when it comes to investing so just be happy that he is into Bitcoin like you when it comes to investing in Bitcoin and you know someone, learns to accept the fact that you do not have the privilege to ask him to open up.

You can now talk about the market and news about the industry and what coins are good and what are going to be pumped but not to the point that he will open up his investment to you, I don't want to say that he distrust you because you know him better, but still congratulate him for investing in Bitcoin.

Because that's how you do it.

That guy understands on how important it is to live a private life and no need to broadcast it even to his friends that his into Bitcoin for such a long time.

I am also doing this when friends of mine that have asked me before and then follows me up and asks me if I'm still in. I'm choosing people where I'll be serious about matters and that guy probably feels the same thing.

Don't take it personally, and he shouldn't take it personally as well if it happened to him. Because as a Bitcoiner, as yourself "Who should I trust"? The right answer is, NO ONE. Especially when Bitcoin surges to a six digit valuation, you definitely should never trust anyone. Keep your Bitcoin in cold storage and don't talk about it, ever.

I already posted about how wealth doesn't really change the person who has it. It changes the people around the person, and how they act with the person.

The person is hiding his involvement with Bitcoin and crypto-currencies because of privacy issue. There are many people who hold huge amounts in Bitcoin and they never share the thing with anyone. I even saw someone who hold Bitcoin rejected the fact that Bitcoin is trusted, because a few people don't want others to be financially stable and that's why they use the game of discouragement. The secretive people always hold their assets without anyone's knowledge and they won't share their secrets with anyone, not even with their spouses.

What I recommend you is to not mention Bitcoin of anything related to it in front of your that friend because it isn't worthy to continue a conversation about a thing that other party is trying to ignore. You don't even need to share your knowledge with him or ask him anything about Bitcoin and his investment on it. You should also try to not let your friendship bond breaks because of his behavior, and you should keep in mind that everyone is not willing to share their investments with others.

The heart of men aren't the same you might be friends for long and but that doesn't mean he would share his secret with you, No!
Because possibly he doesn't want you to know his source of income that you won't go revealing him to others that may attack him, I know too well that when people hears about bitcoin they often feels like such person's might be having thousands of it without knowing is just some fractions. So learn to be secretive and security consciousness because people you thought are your friends are not really your friends but just your enemies.

I thought about that too and the only way to play safe and not to draw attention to himself because of the ban of cryptocurrency was to pretend he does not know about Bitcoin and he's not interested in learning about it either. The Op feels pained and betrayed but he failed to realize one important thing that Bitcoin was created to give people autonomy, anonymity, security and decentralization and it's easy to admit that the friend is a better Bitcoiner than the Op because he values his privacy and security.

You most likely feel betrayed, because your openness in the friendship was not reciprocated.

While other people may feel like you were not told because your friend was interested in his privacy, telling you considering the relationship you have with him that he knew about bitcoins even when you were trying to talk to him about it would have taken nothing from him.

You are deeper in friendship with this person than they are for you, that is a lesson that you must learn, and also learn from them how to shut your mouth. Not everyone needs to know what you know, don't say if you are not asked.

Everything seems normal - but you need to understand that your friend also needs privacy. You don't need to know why your friend isn't talking about it and telling you that he knew about bitcoin before you - that's a very personal question and you don't even have to push him to give you an answer.

I can also think of one thing - maybe your friend doesn't trust you about bitcoin either, so he should cover it up from you even by pretending he's not interested.

If you draw conclusions like this - then lock the topic now. I assume you've found a suitable answer and the problem is solved.

It depends from person to person, or maybe he didn't wanted to share his investment with you specifically just like he didn't shared with his other friends.
No need to feel like he didn't acknowledged telling you however sometimes it's good to stay quiet and keep investing yourself as educating others to invest in something is not an easy task.

I think that's quite normal because a lot of people like him and me are reluctant to say about our investments to anyone.
A lot of people care more about their privacy and security and there are some who also think they don't want to take the risk of getting others money at risk.
Also, there are few people who don't want others to get ahead of themselves and so that might be one of the reasons why your friend didn't tell you about bitcoin.

I mean for their safety of course. The only people who goes out of their own way to let everyone know that they are investing in bitcoin are those who have little to none of it in the first place and are only doing it for clout or to perhaps look cool in front of their friends. Your friend's clearly not the type of guy to play with his own security so I don't think this hiding of his investments from you is in any way a low blow or what. We all have ways to make sure nobody ever gets their hands on our investments, be it online or offline. I even saw one time a guy hide his investments from his wife only to have it be taken away from him when divorce came and happened. It's not wrong to hide what you do from the people you're with, and I don't think this is something you should stress over since after all, he's still your friend and it's probably for the best.

I personally think there is no harm in discussing anything about Bitcoin. Those of us who work in Bitcoin certainly talk about it with people we know around us who I know who are related to Bitcoin Through this discussion we get good results.  There is no possibility of financial loss. But your friend knows why he did that. Maybe he doesn't want to tell you about Bitcoin, maybe your friend wants to surprise you.

Maybe Bitcoin is still illegal in your country as like mine. And your friend is very serious about his security and about the activities in crypto or he want to be an anonymous user. So it's not a bad thing at all. Bitcoin was created to make transections decentralized, Anonymous and secured. So he is enjoying the properties of Bitcoin.
You should not force or try to know about his Bitcoin involvements.

Your friend is much wiser than you, OP. Why do you think that you are more knowledgeable about Bitcoin than your friend? Because you are trying to teach everyone? Some people have strange behavior; they impose their interests, but they could be more modest and adhere to the idea that Satoshi himself meant.
Among other things, this mysteriousness of your friend only proves the expression that money loves silence, and in business, there can be no friends but only partners. But you, apparently, are not even his partner.

It may be for his own security. Because Bitcoin is a currency where one can hold large sums of money at once in a completely anonymous manner, many people do not want to publicize their financial status and hold large sums of money in secret. because of this, many people want to hide their Bitcoin usage or holdings. the best formula is for those who happily use Bitcoin to let everyone know about it, but those who use Bitcoin to hold large amounts of money try to keep themselves a secret.

You know that often not trusting someone is the best way to maintain a relationship with them or keep us away from various problems which will harm us. Maybe your friend thinks that it would be better for the two of you not to get involved in matters related to investing and finance, so that the two of you can keep going without harming anyone. You might think this is quite painful, but it's good if you two can go on like this without getting connected to investment stuff and that way you can maintain a friendship with him longer.

Maybe your friend didn’t wanted you to find out about his investment. I mean a person has his own will to do whatever he can, and many times we have met with persons who are very protective towards their money and always wants to hide their investment plans. Moreover another situation may have happened here. Is Bitcoins legal in your country? If not, then your friend might for this reason, hiding his investment as no one else could find about this investment.

We all have a different way of thinking, and as such, everyone is not expected to be doing the same things at the same time.
We started accepting Bitcoin in our business as a means of payment because we wanted to; it's our choice, not anyone else's. Because I want people to pay me with Bitcoin in my business, it's not the same thing as wanting people to know I'm holding Bitcoin. Beside the fact that your friend doesn't own any businesses accepting Bitcoin, he has his own reasons for not wanting to tell you or even discuss it with you.

Is it not even clearer here?
He tells his family about it, but he hides it from you. The truth is simple: he did not trust you enough for you to know about his involvement in Bitcoin. No hard feelings.


You are free not to. You created a thread to know the reason why your friend is hiding his Bitcoin involvement from you. You are getting responses, and it seems it's the opposite of what you were expecting. We all have different opinions here, and that defines us. Don't take it personal; even if you don't want to reply, you can still come back and read through the thread.
Maybe your friend is even among the members who are commenting here. 

I would have said that you have a friend that's scared of the possible outcome in the future, he doesn't want to bring you along to see you hurt in the process, but that's not what I am seeing here.

I have read many replies on this thread and many are wrong or they are not completely focus on what OP wrote, if truly his friend is protecting himself why would he take his families along?

Don't tell me that you guys missed where OP said that his relative was how he knew that his friend was into Bitcoin all along and he pretended like he is not, the relative of OPs friend must be shocked if he finds out that there is no Bitcoin relations ongoing between OP and his friend.

This is a case of competition or envy, maybe OP had a good life earlier on and the friend was jealous and getting to know Bitcoin looks like a way to beat his friend's success, I might sound crazy but this always happens between two friends, both males and females around the world.

If all the friend wanted was privacy, his relative won't know about Bitcoin, sorry to say OP, your friend doesn't want to carry you along, maybe you are already in a better place than he is.

The truth about Bitcoin investment is, the richer you are the better, if you have enough money for investment you will enjoy Bitcoin investment.

Bitcoin isn't the only thing to change someone live, it's useless if you have very good understanding about Bitcoin and you don't have any money to buy Bitcoin. Moreover, you as a friend has no obligation to change your friends life.

Not all people want to adopt Bitcoin as a currency, not all people run a business and accept Bitcoin payment, I never promote Bitcoin outside from this forum.

The reason why he only share his Bitcoin investment with his family and relative is, family is more important than friends.

You must be have a secret thing right? does everything you've shared with your mom, you shared with your friend too?

Probably, the desire to hide knowledge of bitcoin from your friend is due to precaution and discretion. It's no secret that excessive talkativeness regarding bitcoin often led to undesirable consequences, such as theft and robbery of cryptocurrencies from the owners. Your story looks like your friend just doesn't trust you and that's why he hid his bitcoin infatuation.

If you want to clarify everything, it is better to ask him about it personally. Try talking to him and find out what made your friend keep quiet about bitcoin.

If Bitcoin is the only thing that could change the life of people around you, you will still chose to be secret about it? Must he tell me about his stash? Must he tell me about how much he invested? It's not about the investment, it's about taking chances with Bitcoin is all.

So why are you all accepting Bitcoin as means of payment? Why are you all displaying "Bitcoin is accepted here"? Why are you promoting Bitcoin? Why don't you all keep it as secret since you don't want anyone to know that you are involved with Bitcoin.

Why the secret wasn't kept to himself? Why did his family and relative know about his Bitcoin investment? I think your replies are not right but I will make this my last comment in the thread, it's fine.

If he were a longtime investor, he would have been very careful because when he started investing in Bitcoin, not many people were doing it and it might be considered strange. So he better hide it from everyone.

So he can hide his Bitcoins, he must be calm and safe and he can also use them without anyone knowing. And he also must have a reason why he did it and did not tell the people around him that he owns Bitcoin and has known Bitcoin for a long time.

Better you don't think about it and maybe you can learn much from him. You can get more experience from him and useful knowledge for you.

Your pal' behavior seems peculiar, though not surprising. Bitcoin, like any financial venture, is deeply personal. Even on a decentralized stage, privacy remains key for many. He might have had numerous reasons to keep his Bitcoin endeavors under wraps.

He couldve wished to steer clear of any potential fiscal debates or fallout from you knowing his involvement. He might have preferred you not to witness his Bitcoin journey' hits and misses. Keep in mind, finances stir different reactions in people, potentially altering friendship dynamics.

Still, I urge not to speculate. Talk to your friend, express your concerns. After all, Bitcoin is mere tech. Dont let it strain your friendship.

Don't think negatively about the attitude of your friends who seem to close themselves about their involvement in Cryptocurrency to you, maybe he thinks it's not time to open up to you (even though you are more reliable than him) because he himself thinks he doesn't fully understand Cryptocurrency. In this situation your friend "maybe" more comfortable doing his own activities, he is more concerned about privacy so he can focus more on trading in Cryptocurrency without any interference from other parties.
Friendship is like the relationship between parents and their children, there are limits that are impossible to tell until a certain time, rest assured he will tell you everything even though in the end he has to learn a lot from you.

I think it's the right thing to do actually.

Some people, myself included, don't like talking about Bitcoin with other people and especially telling them how much of it I have. So I think you should just respect his decision because for some people Bitcoin is something intimate, I guess.

It's like with anything, you can force discussion of something on a person. And I also tink some people are embarrassed that they are into bitcoin because of the "influencers" and some public crypto persons who are just cringy.

We really don't know what is the reason behind keeping it secret while you are introducing it to him. But this is only what I've assumed, he tends to keep it silent as he doesn't want someone to make his life as an example when you were telling others again. He pretends to do nothing but when you left, he got busy digging more about Bitcoin and investing without relying on someone.
Now, as you know, you can ask him personally but for sure, he will still tend to deny it and say nothing about Bitcoin but negative.

I think that sums it up. The fewer people who know you have bitcoin, the better, even if it's someone seemingly trustworthy. You don't know if it might slip out that you have bitcoin by talking to a third party or something, and in general personal finance issues are best kept to ourselves.

Although I would say that some people talk about owning bitcoin and other cryptocurrencies like those who talk about owning shares but are concerned about their privacy and security, they are very careful about it.

there are people who always tell and tell their friends that they invest in bitcoin, there are also even though a friend but he doesn't want to tell his friends that he invests in btc.

I don't think your friend meant anything bad to you, I think he did it because, for security and privacy. and what he did in my opinion is a natural thing.
especially now that bitcoin has become very popular, so we really have to be vigilant about protecting our assets.

OP said he found out that his friend was involved in bitcoin because his friend's relative revealed this information to OP so that in itself suggests that his friend was not concerned about privacy as I've seen some comments that were posted here in this thread, just look that OP's friend's relative talking to OP means that it was no secret to anyone that OP's friend had bitcoin so we can assume that OP's friend just didn't want OP to know that he has bitcoin , the problem seems to me to be something personal

and this can be for several reasons, but in most of these types of cases the reasons are: envy and competition. probably when OP's friend heard that OP had more bitcoins than him, he must have felt humiliated and inferior to OP and for that reason OP's friend chose not to tell OP that he also had bitcoin. I would bet more on my theory, that's because many people who are friends tend to compete with each other, and most of the time it becomes an unhealthy competition and people ignore this great evil, OP should be very careful with this friend of his from now on front

Sounds funny that someday when your friend knows your private key and steals all your Bitcoin or crypto assets because you expect that your friend has zero knowledge about Bitcoin.  The purpose for sure could be privacy and your friend wasn't telling you that he has more knowledgeable than you.  That can indeed be puzzling knowing the fact which reveal the truth.

It's possible that he wanted to keep his financial activities private and IMO I would do the same because Bitcoin investments can be personal, and some individuals prefer not to share their financial endeavors with others and he may have had concerns about potential conflicts or differences in investment strategies.  So don't be too much talkative that could potentially be leading you to a scam when you accidentally revealed your private key.

Maybe he just wanted to surprise you, and it also depends on what level of friends you guys have sometimes when it involves money, people won't tell you about it because they have multiple valid reasons to do so, and one example is they cannot reveal it to you because they fear that you might going to ask them to borrow it. If I were a sincere friend, I would leave it as it is because that was what he wanted, he didn't want anyone to know, or maybe the dude just wanted to hold his bitcoins for the long term, and at the same time, he is hiding it to others as well.

As said, it is good that you try to understand him. People have got different thoughts when it comes to privacy. Not everyone expose themselves to the close ones. Feel happy that your friend is part of bitcoin, because you've tried to make him understand about it. One thing, at any cost OP shouldn't ask him why he hide it. Because, the same could create uneasy feel between the two. This incident can sometimes affect the long friendship.

@OP don't get hurt if your friend keep his investment secret from you.  I believe even his family does not know about his Bitcoin investment due to your friend keeping the data about his investment secure.  It is normal for a cautious person to keep important information especially when it has to do with financing and investment, hidden or secret.  So instead of whining about your friends action, why not understand him?

this also another secure way of investing into something discreetly without the public eye. most people spread negativity when they are not interested in a thing and this could have its effect on you. the best form of success is actually the one you done secretly. as far as bitcoin is concerned it is not yet a thing to boldly talk about because of the government stance on it just. so i see nothing wrong in keeping it to yourself

What I think is going on here, just as Nwada have said is, you friend is trying to protect his privacy, maybe he don't want you to know how much he have, all he might see you as the talkative type who can't be trusted with some kind of private information and as such they will think you will go sell them outside.

So it's better they hide it from you and that of other's which they feel insecured about to avoid too much stories and explanation. 

just accept the fact that he has his own reasons why he kept so long about his bitcoin involvement. don't make this situation as big deal for the OP. if you are the person who want to share your thoughts to others, this friend maybe is more on securing his privacy. so should not give him cold shoulder for his path taken.

I have a different story and it involves security, privacy but also a lack of interest in telling others about my hobby because they were always surprised to hear about success but never interested in the actual inner workings of Bitcoin. It felt almost like they were judging me for it so why even bother? I just mind my own business and prop myself up while not giving them a single clue. Once I’ll be successful enough and they notice, I’m sure they’ll be interested too - but by then, it’s gonna be too late to join my crew. It’s not their business anyway, most people are afraid of risk and will run away from an opportunity that involves it.

Is it a big deal for you that he hid his involvement in Bitcoin for a long time?
TBH, I don't see any problem here. Maybe he is just securing his self, and don't want anybody to know that he's involved into Bitcoin. His showing of no interest is just a strategy so that nobody knows that he knows Bitcoin.

Maybe you're feelings just hurt because you are trying to enlighten him, but the reality is the one who you are enlightening with knows more than you are. I guess I'll be more hesitant to share any information about Bitcoin from now on. What's going on here? None. It's just that you can't accept the fact that your friend didn't let you know that he's been into crypto for a long time, and it hurt your feelings because of that thus, you created this thread.

Just move on, and move forward. Maybe do a bit of a brainstorming once in a while. Share more information with each other because for sure both of you can help each other.

as Nwada001 has said, Security and privacy. it is not uncommon for someone to hide things from people they are close to especially if it involves money. also, financial holdings/investments can be a very personal thing for some people and do not want to share it with anyone or at least outside the family. I have a feeling that his cousin wasn't meant to mention to you that your friend has an investment in Bitcoin.

That’s privacy and anonymity, which are part of the Bitcoin standard.

Just because you invest in Bitcoin doesn’t mean that your friends need to know about that or even know that you are into Bitcoin and cryptocurrency, which I am sure is secure for you.

Your friend doesn’t want you to know that he is into Bitcoin investment or that he knows about Bitcoin. That is why he has not given you a listening ear whenever you wanted to teach him about what he already knew, but I commend your effort for wanting to teach your friend about Bitcoin even though you have no idea if he is interested or not.

There is nothing inherently wrong with discussing matters related to Bitcoin, as it falls within the realm of financial affairs. However, the reason why your friend chose to hide this information from you remains known only to him. It is possible that he did so to safeguard his privacy. By not disclosing his holdings to you, he avoids the risk of you inadvertently sharing that information with others, potentially exposing his financial situation to a wider audience. Similarly, I personally engage in Bitcoin discussions with my friends but refrain from revealing my own holdings. This approach is driven by a desire to prioritize my privacy and ensure my safety, rather than any other motive.

I have faced the same situation but the other person was not my friend he was a member of our compagin ran by our university,  we spent a week together and he never spoke about BTC and i was like all the time excited about crypto. Well after 1.5 years, like the previous month, i came to know that he was involved in crypto at that time and he was running ads for getting students to teach them about crypto the previous month. So i was like, why would he not share it with me, well then i gave up my thoughts because either we have spent 1 or 2 weeks together i have no right to ask him neither you have any right if your relative or friend wants to hide that information from you it must be due to something.

We all have that kind of friend who never wants to share their success with you, which sadly indicates that they are not true friends so tret them like they tret you and do not sadden your heart. Keep growing and never thought to become like your friend because your nature makes you real, so keep growing and keep that spirit up of teaching others. Because this will make you more educated and that is more important than in being a competition against your friend in terms of knowledge in crypto.

We live in a very dangerous world where your best friend can harm you. I heard a story of a guy who was having a good time with his friends at a bar bragged about his crypto investment. Few weeks later, armed rubbers paid him a visit at his home. After beating him for a while they asked him to transfer his crypto assets to an address they provided or they would kill him. Now... Do you need a soothsayer to tell you that one of his friends was responsible for the rubbery? No you don't. So don't take it personal if your friend choosed to be discreet with his bitcoin investment, I believe he has a very good reason for doing so which could possibly be security.

Privacy being a very obvious reason, so that's the main reason.


I don't want to speculate on why your friend is hiding it from you, but I'm just curious why you would rather ask us than ask directly what is your friend's reason? Anyways we're just speculating about it for now, while your friend has a plausible answer why hide everything from you.

Nothing, your friend may be more certain his privacy is secure if you never find out that he too is involved with bitcoin.

It is a simple thing, he don't trust you with the information of his investment.  There is no other way than that.  I understand your friend's action since investment should be kept hidden from prying eyes.


Let it go, it is only an ego.  It is really embarassing when we act like we know more than a person when in fact the person is way knowledgeable than us.


Your friend loves privacy.  It is simple as that.

You choose to post this on a public forum full of strangers who cannot directly help your real life situation. Your friend is right to keep their business private and not inform you of it.

Privacy, personal safety, possibility of people asking for money... There are a ton of different reason someone, even a close friend, would not tell others about his investments, at the end of the day we're talking about money and people can get jealous or even aggressive regarding this topic. Don't take it personally, that's my advise.

Usually when you enter the world of Bitcoin you start keeping a low profile so as not to compromise your privacy.  In this case your friend may have done this and not talk to you about investing him because he was trying to protect himself.  While you may have made the mistake of exposing yourself.

The thing is that, you dont need to tesch anyone who doesn't want to be thought because their hace their own personal reasons not to.
You dont need to feel that way after all Bitcoin is all about privacy and may be ypu should learn that too, not to be overly open and vocal about your bitcoin involvement and the question is that have tou ever try to jntroduce him to the forum or he just an investor?
May be he choose not to tell you because the risk he may be personally passing through,  so many bitcoinairs have faced one risk or the other and some time imeven being victim lf scams.
At this point, I advise you to stop assuming and face the reality of how to mind more of your own business instead of getting overly involved in others' financial dealings.

Easy... They don't want you to know about their stash. It is never a good thing. Maybe you mean no hard to him but you are definitely going to talk about his wealth and some other people with bad intentions might wanna hurt him. Your friend was wise to hide this information from you and other people. I am saying "was" here because obviously he isn't a wise guy anymore because you know his involvement with crypto now. Rich wise people don't show off with their wealth. Doing that will only bring trouble.

Security and privacy 🔏

The person is just trying to play it safe; you both might have been friends for a long time and share things among each other, but that does not mean the person trusts you enough to tell you about their finances or holdings.
 
Don't take it personal; to some point, there is actually nothing too bad about keeping such a thing from you. Friendship is not all about knowing each other's secrets.

Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?

I feel somehow about my friend because I just found out that he has been into Bitcoin for a long time, probably before me, what's surprising to me is whenever I tried to enlighten him about Bitcoin he always Shawn me down and say he has no interest..

Today I get to know from a relative of his, who thought that we are into Bitcoin investment together, a coincidence that brings up some suspicious thought, now I am left with thoughts of why he was hiding this all along from me?

At first I though maybe he was scared bringing me along, but it doesn't make any sense because I thought I knew better than him and I needed to teach him.

What do you think is probably ongoing here?